Almog Azar

The defense simulator maker debuted on the Tel Aviv Stock Exchange at a $1.1 billion valuation, with most of the offering proceeds coming from a secondary share sale by its controlling shareholders, retired Brigadier General Arie Mizrahi and his two sons, Yaron and Sagi. 11:15, 04.06.26 The wave of IPOs on the Tel Aviv Stock Exchange continues. Defense company Bagira has completed its initial public offering (IPO), becoming the 13th company to list on the TASE since the beginning of the year.

Is the fuel that powered the sharp gains in Israel’s capital market starting to run out? After many months in which the Tel Aviv Stock Exchange outperformed many markets around the world, signs of fatigue appear to have begun emerging recently. Wednesday was another red day in Tel Aviv, with the TA-125 and TA-35 indexes falling by about 1%, and it was not the only such day this week. The decline came, among other things, against the backdrop of concern over a security escalation.

A wave of new entrants raises questions about electricity limits, financing risks and long-term winners. 10:10, 03.06.26 Growth engine or emerging bubble: In the past two years, no fewer than 12 public companies have announced their entry into the data center sector, making it one of the hottest themes on the Tel Aviv Stock Exchange.